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Los Angelas, CA -- (SBWIRE) -- 01/03/2013 -- Atmel Corporation (NASDAQ:ATML) shares climbed 6.26% to $6.96. The company, on Dec. 19, announced that it has entered into a definitive agreement to acquire Ozmo, Inc. (Ozmo), a provider of ultra-low power Wi-Fi solutions that will expand Atmel’s wireless offerings and further enhance developers ability to design smart, connected devices, including devices targeted to ‘The Internet of Things’. Atmel expects the transaction to close by year. The financial terms of the acquisitions were not disclosed.
How Should Investors Trade ATML After The Recent Volatile Moves? Find Out Here
MGIC Investment Corp. (NYSE:MTG) shares climbed 12.03% and closed at $2.98. The company, last month, issued an Operational Summary of its insurance subsidiaries for the month of November 2012 for their primary mortgage insurance. The information concerning new notices and cures is compiled from reports received from loan servicers.
Is MTG a Solid Investment at These Levels? Find Out Here
Biogen Idec Inc. (NASDAQ:BIIB) reported the fall of -3.57% to $144.64 and its total volume is 1.91 million shares. BIIB has a market cap of 34.21 billion. Biogen Idec reported top-line results of EMPOWER, a Phase 3 trial investigating dexpramipexole in people with amyotrophic lateral sclerosis (ALS). The trial did not meet its primary endpoint, a joint rank analysis of function and survival, and no efficacy was seen in the individual components of function or survival. The trial also failed to show efficacy in its key secondary endpoints. Additional analyses of multiple subpopulations failed to demonstrate any efficacy among these groups. Based on these results, Biogen Idec will discontinue development of dexpramipexole in ALS.
Should Investors Buy BIIB After The Recent Plunge? Find Out Here
Transocean Ltd (NYSE:RIG) has agreed to pay $1.4 billion to settle U.S. government charges arising from the massive 2010 BP Plc oil spill in the Gulf of Mexico, a source familiar with the matter said on Thursday.
What Are RIG’s Charts Signaling For Traders? Find Out Here
LodgeNet Interactive Corp. (NASDAQ:LNET) stock gained 2.56% to $0.0441. The company, on Dec. 31, announced that it has entered into a definitive agreement with a syndicate formed by an affiliate of Colony Capital, a global investment firm with $38 billion in assets under management and a broad range of hospitality and media industry investments, pursuant to which the Colony Syndicate will provide $60 million of new capital to support a proposed recapitalization of the Company.
Where Is LodgeNet Interactive Headed Exactly After Achieving This Milestone? Find Out Here
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